What To Expect From eBay’s Q1 Results
eBay (NASDAQ:EBAY) is scheduled to report its Q1 results on Wednesday, April 19th. In the fourth quarter, the company’s revenue grew 3% year over year to $2.4 billion driven by consistent low single-digit growth in both the marketplace and advertising businesses. The company’s adjusted earnings of $0.54 per share were up 8% year over year, just beating analyst consensus estimates of $0.53.
In the first quarter this year, eBay expects revenue between $2.17 billion and $2.21 billion, against consensus estimates of $2.20 billion. It also expects non-GAAP EPS of $0.46 to $0.48 per share, against consensus estimates of $0.50. Despite consistent growth in sales over the last four quarters, eBay has been struggling with declining operating margins and declining free cash flows over the same period. We will keep an eye out for how these metrics trended in the upcoming first quarter results.
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